The net profit after-tax of the Fauji Cement Company Limited (FCCL) has declined to Rs 646.323 million in the fiscal 2006-07 as compared to Rs 1,203.735 million earned in the corresponding period last year.
The board of directors of the company in its meeting held on Wednesday declared that the earning per share (basic) stood at Rs 1.74 in the period under review against Rs 3.25 in the same period last year, while the earnings per share (diluted) declined to Rs 1.54 against Rs 2.87.
In an information sent to Karachi Stock Exchange (KSE), it was said the net sales of the company decreased to Rs 3,463.283 million in FY07 as compared to Rs 4,286.138 million in the corresponding period last year. The company's net profit before-tax stood at Rs 788.180 million in this period against Rs 1,777.687 million in previous year.